NC General Statutes

N.C. Gen. Stat. § 47F-3-101 (2026)

Organization of owners' association

✓ current as of July 2026
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A lot owners' association shall be incorporated no later than the date the first lot in the planned community is conveyed. The membership of the association at all times shall consist exclusively of all the lot owners or, following termination of the planned community, of all persons entitled to distributions of proceeds under G.S. 47F-2-118. Every association created after the effective date of this Chapter shall be organized as a nonprofit corporation. (1998-199, s. 1.)

 

Notes of Decisions
Cited in 3 cases, 2003–2007 · leading case: Reidy v. Whitehart Ass'n, Inc., 648 S.E.2d 265 (N.C. Ct. App. 2007).
Reidy v. Whitehart Ass'n, Inc., 648 S.E.2d 265 (N.C. Ct. App. 2007). · cites it 4× “Plaintiffs argue the Association was incorporated after the conveyance of the first lot in violation of N.C. Gen. Stat. § 47F-3-101 (2005) which requires a “lot owners’ association” to be incorporated ho later than the date the first lot in the planned community is conveyed.”
Wise v. Harrington Grove Cmty. Ass'n, 584 S.E.2d 731 (N.C. 2003). · cites it 3× “N.C.G.S. § 47F-3-101 (2001). The PCA then grants a series of powers to those associations pursuant to N.”
Wise v. Harrington Grove Cmty. Ass'n, 584 S.E.2d 731 (N.C. 2003). · cites it 3× “N.C.G.S. § 47F-3-101 (2001). The PCA then grants a series of powers to those associations pursuant to N.”
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